Pemex finds two partners for onshore blocks. Zero bids for offshore asset

first_imgMexico on Wednesday organized a bidding for oil companies interested to partner with Pemex for three blocks in Mexico. Three blocks were put on offer, one offshore and two onshore.The shallow water offshore block, containing Ayin and Batsil fields, received no bids. The area was previously described by Pemex as very attractive, with exploration success probability greater than 50 percent, and the nearby preexisting infrastructure that would make the development easier.According to info found on the Pemex website, the Ayin and Batsil fields contain total 3P reserves of nearly 300 million barrels of crude oil equivalent.They cover an area of 1,096 square kilometers with a waterway of 82 meters in the Batsil field and of 176 metres in the Ayin field, a depth that surpasses that of all the fields that Pemex has developed in shallow waters.The block includes a total of 12 wells (10 exploratory wells and two development wells), mainly of heavy crude, as well as medium crude and dry gas.Onshore partners foundDespite Pemex failing to entice interest for its offshore asset, it on Wednesday managed to find partners for the Cárdenas-Mora and Ogarrio onshore blocks.The Egyptian company Cheiron  submitted a winning bid for the Cárdenas-Mora block by making an offer consisting of an initial payment of 125 million dollars, which acknowledges previous investments made by Pemex, as well as additional royalties of 13% and a cash payment of 41.5 million dollars (md), which guarantees that the Mexican State will receive the value of the rent of the oil field.The Cárdenas-Mora block covers a surface of 168 km2 and is located approximately 62 km from Villahermosa, in the state of Tabasco. It contains proven (1P) reserves of 93 million barrels (MMbpce) of light, high-quality crude oil equivalent (39°API).Participation in this block will be divided between Pemex and Cheiron, with 50% each, including some parts of the existing infrastructure, as has been established in the Bidding Terms. Cheiron, which will be the operating company, is a global enterprise with its headquarters in Cairo.Dea for OgarrioThe German company DEA Deutsche Erdoel was the winning bidder of the process for the Ogarrio field. This was achieved by offering an initial payment of 190 million dollars, acknowledges previous investments made by Pemex, as well as an additional royalty of 13% and a cash payment of 213.9 md, which is the highest sign-up bonus ever offered in CNH (Acronym in Spanish for National Hydrocarbons Commission) bidding processes, and which guarantees that the Mexican State will capture the value of the rent of the oil field.Ogarrio is a mature field that is located in the Southeastern Basins. It covers a surface of 156 km2 and lies approximately 65 km off the coast of Coatzacoalcos, in the state of Veracruz. According to Pemex estimates, it contains 3P reserves of 54 MMbpce of high quality light crude oil (37°API). There is the opportunity to increase this field’s production in the short term by interventions to existing wells.Participation will be divided between Pemex and DEA Deutsche, with 50% each, which includes some of the existing infrastructure, as established in the Bidding Terms. The German operating company is a global enterprise, with its headquarters in Hamburg. It maintains a presence in four continents, mainly in Europe and Northern Africa.It is estimated that the production in the fields of Ogarrio and Cárdenas-Mora will increase by at least 30% through secondary recovery processes.Commenting on obtaining operatorship of the Ogarrio field, Thomas Rappuhn, CEO Deutsche Erdoel AG said: “We are very pleased with the acquisition of the operatorship in Ogarrio, which is a meaningful step for Deutsche Erdoel AG to expand in Mexico. Building a long-term business in Mexico, with a portfolio of attractive exploration, development and production assets is part of our strategy.”Offshore Energy Today Stafflast_img read more

I’m out to prove the critics wrong – Yobo

first_img Loading… Promoted ContentWhich Country Is The Most Romantic In The World?7 Train Stations In The World You Wish To Stay At Longer7 Of The Wealthiest Universities In The WorldWhat Happens To Your Brain When You Play Too Much Video Games?Who Is The Most Powerful Woman On Earth?Who’s The Best Car Manufacturer Of All Time?Greatest Movies In History Since 1982Is This The Most Delicious Food In The World?Top 7 Best Car Manufacturers Of All TimeA Lot More People Should See Hanna’s Fantastic Bread Masterpieces2020 Tattoo Trends: Here’s What You’ll See This Year8 Superfoods For Growing Hair Back And Stimulating Its Growth Super Eagles assistant coach, Joseph Yobo, is openly out on a mission to prove every one of his many critics wrong. The former Nigeria senior team skipper was appointment last month after Imama Amapakabo’s sacking. Yobo is now set to make his debut against Sierra Leone next month in Asaba. Criticism against Yobo appointment have been so loud and widespread it all reached the former international. “I know there are nay sayers and people who are talking but now, is the time for me to do the needful and let my work do the talking,” Yobo said via Brila.Advertisement ”Do you know what it means to be the captain of the Super Eagles, and to fill in the role for so long? Read Also:Unity Cup: Yobo Commends Sunday Dare ”I have been through criticism all my life and moreover, I’m working under someone so, the responsibility is not totally on me, ” Yobo added. FacebookTwitterWhatsAppEmail分享 last_img read more

Arnold Motor Supply Midwest Madness Tour primed for June 29-July 5 run

first_imgModifieds and Stock Cars both run for $1,000 to win at the Denny Hovinga Memorial on Thursday, July 4 at Crawford County Speedway in Denison. More information is available at the www.ccsdirtracing.com website and on Facebook. Minimum start money is $150 for the Modifieds and $125 for the Stock Cars. More information is available at the wwwracescs.com website and by calling 712 830-0214. Also on the program are IMCA RaceSaver Sprint Cars, Hobby Stocks, Northern SportMods and Mach-1 Sport Compacts. National, regional and state points will be given. Also running are Karl Kustoms Northern SportMods, for national and state points. Pit gates open at 4:30 p.m. and the grandstand opens at 5 p.m. Hot laps are at 6:30 p.m. with racing to follow. Pit gates open at 4 p.m. and the grandstand opens at 5:30 p.m. Racing is at 7:15 p.m. Both divisions run for at least $1,000 to win at each show during the June 29-July 5 tour. Modified features are qualifying events for the 2019 Fast Shafts All-Star Invitational ballot. Provisionals will be given to the top two in track points who do not qualify in both divisions. Modifieds run for at least $1,500 to win, with additional donations and sponsor money to be added to the purse at Stuart Speedway’s Tuesday, July 2 Ron Little Memorial. Top check for the Stock Cars is $1,000. The Friday, July 5 Don Mohr Tribute at I-80 Speedway in Greenwood, Neb., brings the tour to a close. Modifieds run for $1,524 to win and national, regional and state points; Northern SportMods vie for national and state points. Pit gates open at 4 p.m. and the grandstand opens at 5 p.m. Hot laps are at 6 p.m. with racing to follow. Pit gates open at 3 p.m. and the grandstand opens at 4 p.m. Hot laps are at 5:30 p.m. with racing to follow. Fireworks follow the Wednesday, July 3 program at Buena Vista Raceway at Alta. Modifieds run for $1,000 to win and Stock Cars for $1,500 to win the Kyle Suter Memorial. Opening night is Saturday, June 29 at Shelby County Speedway in Harlan, where Modifieds run for $1,500 to win and Stock Cars for $1,000 to win, in addition to IMCA Speedway Motors Weekly Racing National, regional and E3 Spark Plugs State points. Pit gates open at 4:30 p.m. and the grandstand opens at 5:30 p.m. Hot laps are at 7 p.m. with racing to follow. Grandstand admission is $18 for adults, $15 for seniors and $5 for kids. Pit passes are $30. Grandstand admission is $10 for adults, $6 for seniors, students and military with ID, and free for kids ages 12 and under. Pit passes are $30. Grandstand admission is $10 for adults, $5 for kids 6-12 and free for ages five and under. Pit passes are $35 Sunday, June 30 sees the tour at Clay County Fair Speedway in Spencer. Top prize for both Modifieds and Stock Cars is $1,000 with national, regional, state and track points at stake. Also running are Hobby Stocks, Northern SportMods and Sport Compacts for national, regional, state and track points. Grandstand admission is $15 for adults, $7 for kids and free for ages 10 and under. Pit passes are $30 for adults and $15 for kids. Hobby Stocks, Northern SportMods and Sport Compacts also race and national, regional, state and track points will be given in all divisions. Pit gates and the grandstand open at 5 p.m. Hot laps are at 6:45 p.m. with racing to follow. HARLAN, Iowa – Big paydays for IMCA Modifieds and IMCA Sunoco Stock Cars are on the line each night of the inaugural Arnold Motor Supply Midwest Madness Tour. Grandstand admission is $10 for adults, $5 for seniors ages 65 and older, veterans and students ages 13-18; kids ages 12 and under are $2 or free with donation of non-perishable food item. Pit passes are $25 for adults, $15 for ages 6-10 and free for five and under. Park Jefferson Speedway at Jefferson, S.D., pays $1,500 to Modified and Stock Car winners at the Monday, July 1 Iron Cup special. Additional information is available by calling 712 299-5573. Grandstand admission is $15 for adults, $8 for students ages 11-18 and free for 10 and under. Pit passes are $30 for adults, $18 for ages 6-10 and free for five and under. Also running are Hobby Stocks and Northern SportMods and national, regional and state points will be awarded. Grandstand admission is $10 for adults and free for kids 12 and under. Pit passes are $30. The number to call for more information is 641 521-0330. Hobby Stocks, Northern SportMods and Sport Compacts also run with national, regional and state points awarded in all divisions.  Pit gates open at 5 p.m. and the grandstand opens at 5:30 p.m. Hot laps are at 7 p.m. and racing is at 7:30 p.m. More information about Clay County and Park Jefferson events is available by calling 712 267-3278. All events will be broadcast by racecastlive.com. More information is available at the I-80speedway.com website and by calling 402 342-3453.last_img read more

Udit, Kristi in finals of AITA Super Series Tennis

first_imgOur Sports ReporterGUWAHATI: Udit Gogoi from Assam and Bushan Haoban entered into the final in the Boys U-16 category of AITA Super Series Tennis held at Jorhat today.In the girl’s section Kristi Boro, also from Assam, will take on Maithili Mothe in the final. Results of semi finals: Boys U-16 Singles: Udit Gogoi (AS) bt Anchit Gogoi (AS) 6-4, 6-2. Bushan Haobam (MN) bt. Nithis Baalaji (TN) 6-2, 6-1.Girls U-16 Singles: Kristi Boro (AS) bt Mekhala Manna (WB) 6-3, 6-4. Maithili Mothe (MH) bt Saniya Masand (KA) 6-1, 6-7 (3), 6-1.last_img

MBB : Syracuse guard Waiters declares for NBA Draft

first_img Comments UPDATED: March 26, 2012, 10:26 p.m.Sophomore guard Dion Waiters declared for the NBA Draft on Monday, two days after Syracuse’s season ended with a loss to Ohio State in the Elite Eight of the NCAA Tournament.Waiters, who took home the Big East’s Sixth Man of the Year award, said he spoke with his family and SU head coach Jim Boeheim before making his decision. Both his family and Boeheim supported the decision to move on.‘They had my back 100 percent, my family and coach Boeheim,’ Waiters said when reached on his cellphone Monday. ‘He said he thought I was ready, and that’s all I needed to hear.’Waiters made his decision public through a statement issued by the athletic department, saying that he is ‘pursuing his dream of becoming a professional basketball player.’ He also said he intends to sign with an agent.AdvertisementThis is placeholder textAfter an up-and-down freshman season, Waiters emerged as an offensive star for the Orange in 2011-12. He finished second on the team in scoring with 12.6 points per game and led the team with 1.8 steals per game.His 6-foot-4, 215-pound frame allowed him to drive on smaller defenders with ease. Waiters showed an uncanny ability to absorb contact at the rim and finish off acrobatic shots in traffic.That size and strength are two characteristics NBA scouts are very excited about, said draft analyst Aran Smith, of nbadraft.net. Because of those attributes, Smith called Waiters one of the most NBA-ready players in this year’s draft.‘He’s got a really strong upper body. He’s got really strong legs,’ Smith said. ‘When he’s attacking the basket, he’s either going to draw a foul usually or make a basket. … If he’s got an isolation against a player with similar size, he’s able to use that strength really well.’All throughout the NCAA Tournament, Waiters faced questions about his future. He turned repeatedly to the stock answer of sitting down with his coaches and family once the season was over before making his decision.When reached via text message in the early afternoon Sunday, Waiters said he wasn’t sure when he would make his decision.His mother, Monique Brown, said he told her he was going pro later that same day.‘He thought on his own he was ready,’ Brown said. ‘I said, ‘OK. Are you sure?’ And he said, ‘Yeah.’‘He pretty much knew that he was definitely going to go.’Smith said he was high on Waiters right from the beginning of the season after the guard scored in double figures in five of SU’s first six games. He showed an offensive arsenal that seemed unlimited, scoring the basketball in a number of ways.Perhaps most impressive was Waiters’ newfound commitment on the defensive end of the floor. Before Syracuse’s game against Ohio State, Boeheim said Waiters played no defense at all his freshman season. It was a factor that contributed to his limited minutes.But this year, he was the Orange’s best defender for a good portion of the season. He finished the season averaging 1.8 steals per game.‘When I saw him and the improvement and the confidence and the scoring at the beginning of the year, I was thinking maybe next year he could be a lottery pick or first rounder,’ Smith said. ‘I wasn’t really thinking this year. Then he kept it up and the hype started building.’By the midway point of the season, Smith said Waiters was receiving plenty of first-round buzz. And now that the season is over, he feels Waiters has cemented himself as a first-round pick.‘With Dion’s case, I think it’s in his best interest to go,’ he said.Waiters said he was traveling back home to Philadelphia on Monday night to spend time with family. He will take a few days off before returning to Syracuse to make a decision on when to leave for pre-draft camps.Waiters is projected to be selected with the No. 20 overall pick, according to nbadraft.net. A good performance in pre-draft workouts could move him higher, Smith said, possibly to the mid-teens.Waiters thinks he can prove himself worthy of being taken even earlier.‘At the end of the day, I feel as though I can go higher once I get through the workouts and everything,’ Waiters said.His mother said ever since Waiters got to Syracuse she knew he would come out early. She said it was only a matter of whether he would do two years or three years at SU.Waiters struggled through a freshman season in which he was disappointed about his playing time and not having the chance to start. The breakout sophomore year sealed his departure.‘Some people were saying, ‘If you’ve got it, go.’ And in his mind he had it, so he thought he might as well go,’ Brown said.Brown said the coaching staff broke her son down and built him back up during his two years on campus. She called it a good thing for Waiters. She said he will always call Syracuse home once his basketball career is over.In his statement released by SU athletics, Waiters thanked his coaches and teammates for an ‘amazing experience’ at SU. He also thanked the Orange fans, who he often referred to affectionately as ‘Cuse Nation’ throughout his career.He helped guide SU to the best regular season in program history and was visibly shaken in the locker room after the loss to the Buckeyes on Saturday night.And less than 48 hours later, Waiters announced he would be moving on from Syracuse.‘It really hasn’t hit me yet,’ Waiters said. ‘I still feel like I’m a regular kid and a regular person.’mjcohe02@syr.edu-Staff writer Zach Brown contributed reporting to this article. Published on March 26, 2012 at 12:00 pm Contact Michael: mjcohe02@syr.edu | @Michael_Cohen13center_img Facebook Twitter Google+last_img read more

Irish soccer squad train in Dublin

first_imgThe Republic of Ireland squad will train in Abbotstown this morning ahead of Saturday’s World Cup qualifier with Austria. Among the 28 will be Dundalk pair Daryl Horgan and Andy Boyle. Should they get any game time in Vienna, they could become the first League of Ireland-based players in 31 years to play a competitive international.  There’s no James McCarthy in the final squad – as his Everton manager Ronald Koeman suggested, he’s not fit enough for Vienna.last_img

Jamaicans to Begin Returning From the United States This Week

first_imgJamaicans who have been stuck in the United States for over a month due to COVID-19 will begin returning home this week under the island’s controlled re-entry program. Marks said that as Jamaica begins to slow the spread of the virus, she is looking forward to an increased number of flight from the U.S. to Jamaica in the coming weeks. Jamaica’s Ambassador to the United States, Audrey Marks confirmed that persons with the most urgent cases “based on information received by the Embassy and Consulates” will be on the first two flights leaving this week. As previously announced, the returnees will have to be tested for COVID-19 upon arrival and quarantined in a state facility for 14 days. Unlike the batch of Jamaican cruise ships workers that recently returned to the island from the United Kingdom, the government will not be absorbing the quarantine fees of the returnees to come. Thus, they will have to contribute USD $20 to meals and other quarantine needs. As of May 10, Jamaica records 502 cases including nine deaths. Over the last three deaths, less than 30 new cases have been reported representing a massive decline in the daily increase in cases when compared to April. The Ministry of Health and Wellness did, however, disclose that three people from the group of recent returnees have tested positive for the virus. “We are grateful to see that the curve of the spread is once again flattening. This trend will allow us to have a more regular inflow of Jamaicans returning home”, Marks said in an Instagram post. Jamaican nationals, stuck overseas and want to urgently come home, are being advised to apply on the jamcovid19.moh.gov.jm website.last_img read more

Lakers won’t sign Jamil Wilson after report he is being sued for alleged sexual battery, fraud

first_imgAccording to TMZ, Wilson was sued by a woman who claimed she contracted a sexually transmitted disease while they were dating and that Wilson knew he had the disease but did not disclose it to her.Wilson’s agent, Steve McCaskill, told ESPN, “Jamil has been irreparably harmed by the recent accusation, which has now resulted in damage to his NBA career. We will not tolerate these false accusations, but will pursue all legal remedies with the full force of the law.” The Lakers’ plans to sign former Clippers guard Jamil Wilson to a 10-day contract were called off Wednesday, according to ESPN.Sources told the Southern California News Group on Tuesday that a deal with Wilson was expected within 24 hours, but that was apparently scrapped after TMZ reported that an ex-girlfriend filed suit against Wilson in Los Angeles Superior Court alleging sexual battery and fraud.Wilson, a 27-year-old rookie, appeared in 15 games with the Clippers, including 10 starts. He averaged 7 points and 2.1 rebounds in 18.3 minutes. He was waived by the Clippers on Jan. 6. The Lakers cleared a roster spot the same day, waiving veteran center Andrew Bogut.They quickly turned their attention to Wilson, whose size and 3-point shooting appealed to them. Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

UEFA investigates the launch of objects from Ajax fans in Getafe

first_imgThe Brazilian striker Deyverson Silva suffered the impact of a lighter on the leg when he celebrated the goal he scored in the first half, and the object was launched from the stands where the Dutch fans were.Likewise, the UEFA Control, Ethics and Discipline Committee has notified Ajax that after the game several seats of the destroyed Alfonso Pérez Coliseum were found in the area reserved for these same fans.The whole of Amsterdam You have six days to respond to the allegations, and the highest European football body will communicate on March 26 if it finally imposes a penalty.Ajax already suffered last October a fine of 50,000 euros due to the altercations caused by their fans after Valencia-Ajax, Champions League, last October 2.The highest body of European football He also punished the club with an away game without being able to buy tickets, but the sanction was temporarily suspended on condition that their fans did not incur similar behaviors for a year. The UEFA investigates the launch of objects of the Ajax followers in the field of Getafe During the first leg of the round of 16 of the Europa League, the Dutch club said Tuesday in a statement posted on its website.last_img read more

Scorpions, Pride in crucial clash

first_imgTitle-chasers Jamaica Scorpions and Barbados Pride will square-off in a crucial encounter in the penultimate set of matches of the group phase of the WICB/NAGICO Insurance Super50 Tournament in Trinidad and Tobago today.Second and third, respectively, in Group A with 10 and nine points each, the two will enter the contest knowing that a win for eight team would all but secure them a place in the semi-finals.Group leaders Trinidad and Tobago Red Force, who oppose cellar dwellers ICC America, are presently on 17 points and have already qualified for the semi-finals.”It’s a (virtual) must-win for both of us, so I guess they (Barbados) will be playing it like a final and we will be doing the same,” Jamaica’s captain, John Campbell, said yesterday.The return-led round-robin fixture will see both teams entering the contest with a win two, lose two record, with Jamaica ahead based on having two bonus points compared to Barbados’ one.The Scorpions, however, can claim bragging rights, having defeated Barbados by two wickets when the two met earlier this week.Led by a man-of-the-match bowling performance of three for 18 from left-arm pacer Sheldon Cottrell, Jamaica bowled out the Pride for a mere 138 before replying with 139 for eight.The in-form Andre McCarthy, who also has a tournament century, and Antiguan Devon Thomas led the batting for the Scorpions with 49 and 33, respectively.However, with the end of the Australian Test series both teams have been strengthened with the return of West Indies players to their line-ups.Barbados has been injected with seven players – Jason Holder, Kraigg Brathwaite, Shai Hope, Carlos Brathwaite, Shane Dowich, Miguel Cummins, and Jomel Warrican, while Jamaica will benefit from the return of Jerome Taylor and Jermaine Blackwood.”They have got back all their players from Australia, and have a better squad, and are also coming off a win, so they should be confident,” remarked Campbell.”But we are not too concerned,” he said. “We have seen signs of improvement throughout the tournament, and, it is just for us to put it together.”Jamaica will play the Americas and Barbados will tackle Trinidad in the final set of group matches scheduled for Sunday.The semi-finals will be played next Wednesday and Thursday, with the final carded for next Saturday, all at Queen’s Park Oval.last_img read more